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Probe Agency Files Money Laundering Case Against KTR In Formula E Race Issue

The Enforcement Directorate on Friday filed a money laundering case against BRS leader K T Rama Rao and some others in a case linked to alleged payment irregularities during the Formula-E race held in Hyderabad in February 2023, official sources said.

An Enforcement Case Information Report (ECIR) has been registered under various sections of the Prevention of Money Laundering Act taking cognisance of a Telangana Police Anti-corruption bureau (ACB) FIR filed on Thursday, the sources said.

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